Green Bond Framework
As a Responsible Company, QuadReal strives to mitigate its impact on the environment while also providing industry-leading returns for stakeholders.
Through our Green Bond Framework, we align these two commitments, providing investors with an opportunity to support our innovative solutions that reduce energy consumption, carbon emissions, pollution and waste.
The framework complements our commitment to global ESG benchmarks, and will help us advance our goal of decarbonizing QuadReal’s entire portfolio by 2050.
QuadReal’s Green Bond Framework paves the way for investors to be a part of our sustainability focus, reflecting our vision for sustainable finance and community-building.
As a key pillar of our borrowing program, the Green Bond Framework leverages our ESG track record, aligning with Sustainalytics—a global leader in ESG—and the International Capital Market Association Green Bond Principles.
Through BCI QuadReal Realty (BQR), we have issued nearly $1.2 billion in green bonds since establishing the Green Bond Framework in 2020, making QuadReal the third largest real estate green bond issuer in Canada.
Under the framework, we fully allocate net proceeds to eligible categories in QuadReal green projects such as The Post and Oakridge Park, and we look forward to supporting more great projects in the years ahead.
real estate Green Bond Program in Canada
nearly $1.2 billion in green bonds issued since 2020
primarily institutional investors to date
Tamara Lawson, Chief Financial Officer
“QuadReal’s Green Bond Framework demonstrates that investing in sustainability is beneficial to everyone. The framework offers investors an incredible opportunity to join us on our journey to becoming a fully Responsible Company, and it enhances our borrowing capabilities–all while working towards net zero and leading with our industry in ESG.”